Connexa Sports Technologies (NASDAQ:YYAI) Announces Quarterly Earnings Results

Connexa Sports Technologies (NASDAQ:YYAI) issued its quarterly earnings results on Monday. The company reported $0.02 earnings per share for the quarter, Zacks reports. Connexa Sports Technologies had a negative return on equity of 284.53% and a negative net margin of 546.78%.

Connexa Sports Technologies Price Performance

Shares of NASDAQ YYAI traded down $0.01 during mid-day trading on Monday, reaching $0.74. 143,707 shares of the company traded hands, compared to its average volume of 1,009,131. The firm has a market cap of $10.79 million, a PE ratio of 0.00 and a beta of -2.16. Connexa Sports Technologies has a fifty-two week low of $0.35 and a fifty-two week high of $53.00. The stock has a fifty day simple moving average of $0.67 and a 200-day simple moving average of $2.92.

About Connexa Sports Technologies

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports.